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WestSpeed

Westspeed

The W.A. Thoroughbred Breeder and Owner Incentive

Introduction

Racing and Wagering Western Australia (RWWA), maintains and supports the Westspeed Incentive Scheme as a means of fostering and promoting Western Australian thoroughbred breeding and racing activities by,

  • Increasing the financial rewards associated with owning and racing a locally bred horse and therefore encouraging owners to remain in the industry longer and possibly extend the level of their investment.
  • Providing owners with an incentive to race their horses in WA.
  • Encouraging local breeders to source quality sires and/or dams in order to develop well bred progeny and improve Western Australian bloodlines.
  • Providing breeders with the opportunity to access an on-going revenue stream from the yearlings they've previously sold, via their racing success.

The scheme commenced operation at the beginning of the 1999/2000 Racing Season and the following table illustrates how much it’s grown!


Which Yearlings are Eligible?

Season Subscriptions Received Bonuses Paid
1999/00 $643,000  
2000/01 $487,000 $236,500
2001/02 $476,000 $686,500
2002/03 $517,000 $605,000
2003/04 $666,000 $1,032,250
2004/05 $842,000 $1,739,000
2005/06 $1,036,000 $1,785,625
2006/07 $1,160,500 $2,171,875
2007/08 $1,216,000 $3,208,000
2008/09 $1,271,500 $4,245,000
2009/10 $1,299,500 $3,081,250
2010/11 $1,612,000 $3,220,312
2011/12 $1,524,000 $3,440,937
2012/13 $1,558,000 $4,301,562
2013/14 $1,904,200 $4,830,403
2014/15 $1,968,850  $5,567,856
2015/16 $1,807,250 $5,603,963

The following rules must be satisfied for a horse to be eligible to participate in the Westspeed Incentive Scheme.

  • Is the product of a sire standing in Western Australia at the time the dam is serviced, or
  • is by any sire and is:
    1. the product of a mare which is a least 50% owned by a Western Australian based breeder at the time the yearling was conceived, as recorded by the Australian Stud Book; or
    2. the product of a mare which was served by a WA based sire in the season following that in which the yearling in question was conceived.

How Does Westspeed Work?

The Breeder begins the process during a horse's yearling (one year old) season by lodging a Westspeed Breeder Nomination ($715). In doing so, the breeder

  • Becomes eligible to receive a Breeder's Bonus for all eligible wins the horse in question may record (as detailed below).
  • Provides the owner of the yearling (who may be the breeder themselves or another entity if the horse has been sold) with the option of paying an Owner Nomination Fee (also during its yearling season), thus making it fully Westspeed nominated and entitling the registered owner at the date of the eligible win, to receive an owner bonus for all eligible wins, as detailed below.

The Owner of breeder nominated yearlings who wish to be in the scheme can choose between two levels of participation.

  • Westspeed Standard, for which the Nomination Fee is $1430 (inc. $130 GST)
  • Westspeed Extra, for which the Nomination Fee is $2860 (inc. $260 GST)

There is no obligation upon the owner of a breeder nominated yearling to participate in Westspeed and should they elect not to do so, the horse will remain a “Breeder Only” nomination and only that portion of the bonus will be paid in the event of eligible wins. The owners of yearlings which have not been breeder nominated do not have the option of Westspeed participation at any level. Westspeed runners which are competing for bonuses will be denoted via one of the following logos next to their name in the race book.

What are the Bonus Levels?

The following Westspeed Bonus Schedule will apply:

Westspeed Bonus Schedule
Bonus Level Advertised Race Stake Breeder's Bonus (B) Westspeed Standard
Owner Bonus
Westspeed Extra
Owner Bonus
Tier 1 $40,000 - $100,000 $5,000 $15,000 $22,500
Tier 2 $17,500 - $39,999 $2,500 $7,500 $7,500
Tier 3 $12,500 - $17,499 $1,250 $3,750 $3,750
Tier 4 < $12,500 $625 $1,875 $1,875

 

Bonus Opportunities

1. Full Bonus (as per the above table)

The connections of participating gallopers will receive the aforementioned bonuses for wins in the following races conducted in W.A.

  • All participating two and three year winners of any TAB covered race conducted in W.A. for which the advertised stake money falls within the parameters defined above.
  • All wins recorded by participating gallopers at four years of age in TAB covered events conducted over a distance of 1750 metres or more, for which the total advertised stake money falls within the parameters defined above.

2. Consolation Half Bonus (half of the total indicated in above table)

The connections of any Westspeed galloper which records its first career win at four years of age in a West Australian race which is less than 1750 metres in distance, but which is TAB covered and for which the total advertised stake money falls within the parameters defined above, shall receive a bonus of half of the amount relevant to the race, as described in the above table.  For clarity, a bonus is only payable for a horses first career win under this clause.

3. Trainers and Riders

Trainers and riders of Westspeed winners are also beneficiaries of the scheme. They receive a bonus of 6% and 3% respectively, of the total bonus awarded to the connections (breeder/owner) of all Westspeed winners.

It should be noted that trainer and rider bonuses are not funded from the existing breeder and owner pool of funds but from a separate RWWA funded pool.

How Do I Enter?

There are several ways in which a yearling can become a Westspeed participant.

  • Yearlings sold at a public sale.

    A breeder offering an eligible yearling for sale at a public auction and intending it to be a Westspeed lot, can state that wish on the Sales Nomination Form. If accepted for the sales, this horse then carries the Westspeed logo in the sales catalogue and for all such lots which are sold, the breeder's nomination fee is deducted from the sale proceeds by the Sales company and forwarded directly to RWWA. Purchasers of all such yearlings then have the option to nominate them for the Owner's aspect of the scheme using the forms attached to this web page. It should be noted however that,

    • any yearlings which go through the sale as Westspeed lots, but for which no sale is affected, can still participate in the scheme but they'll need to be nominated privately in a manner as described below.
    • any yearlings which go through the yearling sales as non Westspeed nominated horses cannot be nominated for the scheme subsequent to the sales by breeder or owner.
       
  • Yearlings sold or acquired privately.

    Eligible yearlings which have been sold or acquired privately, either as yearlings, weanlings or in utero, are also eligible for nomination to the scheme. They can be nominated via the forms attached to this web page, which should be completed and forwarded to RWWA along with the appropriate payment, by the advertised closing date.

    - It should be remembered however that a yearling must be breeder nominated in order for the owner to have the option of participating and the registered breeder of the horse, as per the Australian Studbook, must be given first option to lodge that breeder nomination. Should an owner wish to participate with an eligible yearling which has not been breeder nominated, the registered breeder can be contacted by RWWA and given the option to either,

    1. Pay the Breeder Fee (and thus receive any Breeder Bonuses the horse may ultimately win) and facilitate the participation of the new owner.
    2. Provide written permission for the new owner to lodge the Breeder Nomination as well as the Owner's, and thus receive both components of any bonuses the horse may win in the future.
    3. Do nothing, in which case an owner nomination cannot be accepted and the horse in question will be omitted from the scheme.
       
  • Yearlings Bred and Retained

    Breeders are also welcome to consider Westspeed participation with any eligible yearlings which they are intending to retain and race. Obviously any such yearlings that are breeder nominated can also be owner nominated and for breeders looking to retain stock for future breeding purposes, the following Westspeed conditions relating to leased horses may be most relevant.

Westspeed Horses Sold or Leased

Breeder
The entity which breeder nominates a yearling for Westspeed remains unchanged throughout its career and therefore receives that portion of all bonuses won throughout its career, regardless of how many times the horse may change ownership or be the subject of a lease arrangement.

Owner
Sale
In the event of a fully nominated Westspeed galloper being sold, the rights to Owner's Bonuses automatically transfer to the new ownership entity identified on the relevant “Transfer of Ownership Form” effective from the date of transfer as stipulated on said form, irrespective of who paid the original Owner's Nomination Fee.

Lease
If a fully nominated Westspeed galloper is subsequently leased out, the original owner (lessor) retains the right to the owner's portion of any bonuses won during the period of the lease, i.e. lessees do not receive any portion of the Westspeed bonus. It is permissible for the parties to a specific lease to negotiate an alternative arrangement to this re Westspeed and include it in the “special clauses” however RWWA will continue to pay the full owner's bonus to the lessor who should then deal privately with the lessee to satisfy the conditions of the lease.

Westspeed Platinum

RWWA introduced Westspeed Platinum from the 2013 breeding season - providing a further substantial bonus for each prime metropolitan win if the horse is by a Westspeed nominated stallion.

2014 Foals

All 2014 Westspeed nominated foals by a Western Australian based stallion will be eligible for the benefits of Westspeed Platinum.  This initiative will provide an additional Westspeed bonus of $10,000 for every win in a Tier 1 Westspeed race.  This increases the total Westspeed bonus payable for a tier 1 race to $30,000 ($25,000 to the Owner and $5,000 to the Breeder).  In addition, if nominated for Westspeed Extra, the Owner will also eligible a further $7,500 for each prime metropolitan Westspeed win - taking the Owners bonus to $32,500.  

2015 Foals

For foals born from 2015 onwards, the Westspeed Platinum bonus will increase to $15,000, however to be eligible the horse must be by one of the following Westspeed nominated stallions.  Westspeed Platinum horses will receive a total Westspeed bonus of $35,000 ($30,000 to Owner and $5,000 to Breeder) for every Tier 1 Westspeed win.  The Owner will receive a further $7,500 bonus if the horse is also paid up for Westspeed Extra.

Stallion Stud
 ADMIRATION Westbury Park 
 BLACKFRIARS Scenic Lodge 
 CITY PLACE (USA) Yarradale Stud 
 DANEHILL EXPRESS Mungrup Stud
 DASH FOR CASH Scenic Lodge 
 DEMERIT Taunton Vale 
 DICK TURPIN (IRE) Mungrup Stud
 DISCORSI Yarradale Stud 
 FAMOUS ROMAN Rivercrest Park 
 FROST GIANT (USA) Yarradale Stud 
 GALAH Rangeview Stud 
 GINGERBREAD MAN Yarradale Stud 
 HALA BEK (IRE) Mungrup Stud
 HE'S A DECOY (IRE) Westbury Park 
 HERITAGE Yarradale Stud 
 MASCHINO Alwyn Park 
 MUSKET Yarradale Stud 
 MY ATACANTA (IRE) Redwood Park 
 OUQBA (GB) Heytesbury Stud 
 ORATORIO Mungrup Stud
 PATRONIZE Darling View Thoroughbreds 
 PLANET FIVE (USA) Touchstone Farm 
 PLAYING GOD Mungrup Stud
 ROGANO Oakland Park Stud 
 SCANDAL KEEPER (USA) Yarradale Stud 
 SLATER Gold Front
 SMUG (USA) Westbury Park
 SO SECRET Rangeview Stud
 TRADE FAIR (GB) Alwyn Park
 UNIVERSAL RULER Scenic Lodge
 VISCOUNT Oakland Park Stud 
 VITAL EQUINE (IRE) Touchstone Farm 
 WAR CHANT (USA) Yarradale Stud 

2016 Foals

The following sires were nominated as Westspeed Platinum Stallions for the 2015 breeding season.
 
Stallion Stud
 ALFRED NOBEL (IRE) Lynward Park Stud 
 BLACKFRIARS Scenic Lodge 
 CITY PLACE (USA) Yarradale Stud 
 DANEHILL EXPRESS Mungrup Stud
 DASH FOR CASH Scenic Lodge 
 DEMERIT Taunton Vale 
 DICK TURPIN (IRE) Mungrup Stud
 FROST GIANT (USA) Yarradale Stud 
 GALAH Rangeview Stud 
 GINGERBREAD MAN Yarradale Stud 
 HE'S A DECOY (IRE) Westbury Park 
 HERITAGE Yarradale Stud 
 IZMIR Starline Park 
 MASCHINO Alwyn Park 
 MY ADMIRATION Westbury Park
 OUQBA (GB) Heytesbury Stud 
 ORATORIO Mungrup Stud
 PATRONIZE Darling View Thoroughbreds 
 PITLECO Caulfield Park 
 PLANET FIVE (USA) Touchstone Farm 
 PLAYING GOD Mungrup Stud
 PROART Balmoral Park Stud 
 RED HOT CHOICE Mungrup Stud 
 ROGANO Oakland Park Stud 
 SAFEGUARD Mogumber Park 
 SCANDAL KEEPER (USA) Yarradale Stud 
 SESSIONS Oakland Park Stud 
 SLATER Gold Front
 SMUG (USA) Westbury Park
 SNIPPETSON  Scenic Lodge 
 TRADE FAIR (GB) Alwyn Park
 UNIVERSAL RULER Scenic Lodge
 VISCOUNT Oakland Park Stud 
 VITAL EQUINE (IRE) Yarradale Stud
 WAR CHANT (USA) Yarradale Stud 

2017 Foals

The following sires are nominated as Westspeed Platinum Stallions for the 2016 breeding season.
 
Stallion Stud
 ALFRED NOBEL (IRE) Lynward Park Stud 
 ALL AMERICAN Geisel Park Stud
 BLACKFRIARS Scenic Lodge
 BRADBURY'S LUCK Yarradale Stud
 CITY PLACE (USA) Yarradale Stud 
 DANEHILL EXPRESS Mungrup Stud
 DASH FOR CASH Scenic Lodge 
 DEMERIT Taunton Vale 
 DICK TURPIN (IRE) Mungrup Stud
 GALAH Rangeview Stud 
 GINGERBREAD MAN Yarradale Stud 
 HE'S A DECOY (IRE) Loloma Farm
 HERITAGE Yarradale Stud 
 I'M ALL THE TALK Mungrup Stud
 MASCHINO Lonsdale Park
 MY ADMIRATION Westbury Park
 ORATORIO Mungrup Stud
 OUQBA (GB) Heytesbury Stud 
 PATRONIZE Darling View Thoroughbreds 
 PLANET FIVE (USA) Touchstone Farm 
 PLAYING GOD Mungrup Stud
 PROART Balmoral Park Stud 
 ROGANO Oakland Park Stud 
 SAFEGUARD Mogumber Park 
 SCANDAL KEEPER (USA) Yarradale Stud 
 SESSIONS Oakland Park Stud 
 SLATER Gold Front
 SNIPPETSON  Scenic Lodge 
 TRADE FAIR (GB) Alwyn Park
 UNIVERSAL RULER Scenic Lodge
 VISCOUNT Oakland Park Stud 
 VITAL EQUINE (IRE) Yarradale Stud
 WAR CHANT (USA) Yarradale Stud 

History of Bonus Levels

The level of support the scheme has enjoyed within the local industry has facilitated a dramatic rise in bonus levels since the 2003/04 Season, as indicated below.

History Of Westspeed Bonus Levels
  1st Tier 2nd Tier 3rd Tier 4th Tier
01/08/2000 $9,000 $4,000 $2,000  
01/08/2003 $12,000 $5,000 $3,000  
01/08/2004 $15,000 $7,500 $3,000  
01/08/2005 $15,000 $7,500 $5,000  
14/02/2007 $20,000 $8,000 $5,000 $2,000
16/02/2008 $20,000 $10,000 $5,000 $2,500
01/08/2011 $27,500/$20,000 $10,000 $5,000 $2,500
 

The Big Winners So Far (at 14 January 2017)

Rank Horse Wins Breeder Owner Total Foaled
1 MILITARY REIGN 8 $33,750 $146,250 $180,000 2012
2 VEGA MAGIC 7 $32,500 $142,500 $175,000 2012
3 SHEIDEL 8 $32,500 $135,000 $167,500 2011
4 THE RISING 6 $25,000 $140,000 $165,000 2009
5 HAWKEYE MORT 8 $40,000 $120,000 $160,000 2005
6 DAINTY TESS 6 $27,500 $120,000 $147,500 2013
6 ORA DARE 7 $27,500 $120,000 $147,500 2009
8 STAR ENCOUNTER 8 $36,250 $108,750 $145,000 2004
9 DARK ALERT 7 $26,250 $116,250 $142,500 2011

Broodmare Service Subsidy

RWWA has introduced an initiative to keep black type winning mares in Western Australia by providing a financial incentive to a group or listed winning mare served by a Western Australian based stallion in her first year as a broodmare.  This incentive takes the form of a subsidy payable to the registered breeder depending on the level of black type achieved in the mares racing career.

Group Winning Mare

Subsidy to a Western Australian based breeder of 100% of the advertised service fee to a maximum of $15,000 for the mares first season as a broodmare.

Listed Winning Mare

Subsidy to a Western Australian based breeder of 50% of the advertised service fee to a maximum of $7,500 for the mares first season as a broodmare.

Payment will be made to the contact breeder registered with the Australian Stud Book (ASB) upon lodgement of the first mare return and submission of the subsidy claim form to the RWWA Racing Department.  Mares are only eligible to accrue a single subsidy, irrespective of the number of group and listed races won.

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